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Jan 28
4 min

I got a letter from the IRS. Now what?

So you have received a dreaded letter from the IRS. Now what? Don't panic and don't bury your head in the sand. There is a way forward.

4 views

Are you a year or more behind in filing your income tax returns?

Brad Wooten

Jan 15
3 min

Are you a year or more behind in filing your income tax returns?

Whatever your situation, Wooten CPA is here for you when you are ready to get caught up, and the sooner, the better.

7 views

Brad Wooten

Dec 15, 2020
4 min

2020 year end tax planning tips

If you wait until tax time, it's too late for the majority of your best tax savings strategies.

52 views

Pick a fight with the IRS? Sure, why not?

Brad Wooten

Dec 14, 2020
3 min

Pick a fight with the IRS? Sure, why not?

Many people think that the IRS has the final word, but that isn't exactly accurate.

13 views

Brad Wooten

Oct 27, 2020
3 min

What to do if you cannot pay the taxes?

I have helped many clients through that exact scenario. Fear not, there is a light at the end of the tunnel.

12 views

Seriously, what are my chances of an IRS audit?

Brad Wooten

Oct 21, 2020
3 min

Seriously, what are my chances of an IRS audit?

There actually are some things that will increase your chance of an IRS audit. What are they?

56 views

Brad Wooten

Oct 7, 2020
3 min

Additional tax saving tip for clergy

Only clergy benefit from this tax saving tip related to retirement contributions.

30 views

Trump Tax Returns... Did Trump pay only $750 in taxes?

Brad Wooten

Sep 30, 2020
5 min

Trump Tax Returns... Did Trump pay only $750 in taxes?

The headlines say Trump paid only $750 in taxes for 2016 and 2017. Is there political spin? What's the truth?

203 views

Brad Wooten

Sep 28, 2020
3 min

Most common types of tax fraud

When done on purpose, these are acts of tax evasion and fraud. However, it is possible to commit some of these acts unintentionally.

28 views

IRS reminds taxpayers to take the home office deduction

Brad Wooten

Sep 23, 2020
3 min

IRS reminds taxpayers to take the home office deduction

The IRS wants individuals to consider taking the home office deduction. The benefit may allow taxpayers to deduct certain expenses.

23 views

Brad Wooten

Sep 21, 2020
3 min

But I hired a tax professional...

When you hire a tax preparer, you are still responsible for the return. As soon as you sign it, you are stating that it is true and accurate

66 views

The #1 mistake for pastor or missionary tax returns

Brad Wooten

Sep 7, 2020
3 min

The #1 mistake for pastor or missionary tax returns

By failing to do this you have underpaid your taxes by almost $3,000. Multiply this by 3 years plus interest and penalties = $10,000+

88 views

Housing allowance (MHA) expenses: Stop wasting time

Brad Wooten

Sep 3, 2020
3 min

Housing allowance (MHA) expenses: Stop wasting time

Do you need to spend time keeping track of every little item related to MHA?

84 views

Have a side hustle? Is it a business or a hobby for tax purposes?

Brad Wooten

Aug 31, 2020
3 min

Have a side hustle? Is it a business or a hobby for tax purposes?

So why does it matter? "If it's a hobby, I don't have to report the income, right?" Wrong.

44 views

Do you know about the taxpayer bill of rights?

Brad Wooten

Aug 28, 2020
3 min

Do you know about the taxpayer bill of rights?

That's right, you have rights. Yes, the IRS has a lot of power (they can levy assets, including garnishing your wages), but you have rights.

16 views

Brad Wooten

Aug 21, 2020
5 min

I have a major tax liability, now what?

Do you owe the IRS thousands in back taxes? Perhaps you have a tax liability and you are looking for some tax help? Maybe you have heard...

29 views

Brad Wooten

Dec 24, 2019
3 min

Do I really need a CPA?

Today, you no longer need knowledge experts to provide you with information. If you don't need information, what do you need?

18 views

Brad Wooten

Dec 10, 2019
4 min

Five ideas for paying less income tax

There are specific answers to this, but since the tax laws change so frequently I’ll give you some timeless advice here.

38 views

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Make an appointment

I got a letter from the IRS. Now what?

Are you a year or more behind in filing your income tax returns?

2020 year end tax planning tips

Pick a fight with the IRS? Sure, why not?

What to do if you cannot pay the taxes?

Seriously, what are my chances of an IRS audit?

Additional tax saving tip for clergy

Trump Tax Returns... Did Trump pay only $750 in taxes?

Most common types of tax fraud

IRS reminds taxpayers to take the home office deduction

But I hired a tax professional...

The #1 mistake for pastor or missionary tax returns

Housing allowance (MHA) expenses: Stop wasting time

Have a side hustle? Is it a business or a hobby for tax purposes?

Do you know about the taxpayer bill of rights?

I have a major tax liability, now what?

Do I really need a CPA?

Five ideas for paying less income tax

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